OTP Capital has more than doubled the volume of insurance assets under management in 2017
In 2017 “OTP Capital” asset management company increased the volume of assets of insurance company under management by 119%, from UAH 31.6 million up to UAH 69.2 million. Currently, OTP Capital manages 4 portfolios of insurance companies, that includes Unit-linked products, an investment-insurance products, which are unique for Ukraine.
Asset management service for insurance companies is designed to introduce optimal and more efficient investment strategies and to improve risk management processes in asset management.
“Leaders of insurance market trust us with managing their assets and experience shows that such practice in Ukraine is successful, just like it is in the rest of the world. Growing cooperation between OTP Capital and insurance companies proves this. We are convinced that proven experience of insurance companies that are already cooperating with OTP Capital will encourage others to use our best practice in order to achieve better financial results and build a robust risk management system," said Yuriy Oleksiyenko, Head of Investment Department of “OTP Capital”.
To find more information on insurance asset management please visit www.otpcapital.com.ua or call 044 492 34 69.
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AMC OTP Capital LLC was established in July 2007 by the Ukrainian OTP Bank (9.9%) and the Hungarian Asset Management Company OTP Fund Management (90.1%), and became the second OTP Group representative after OTP Bank in Ukraine.
The company provides a wide range of high quality investment services to both corporate clients and individuals, and is one of the leaders in the mutual investment market. AMC OTP Capital manages seven public investment funds, eight venture funds, assets of insurance companies, as well as four non-governmental pension funds, including the largest non-governmental pension fund in Ukraine – Open Pension Fund “OTP Pension”, the FreeFlight Monetary Fund and the Magistral Pension Fund for railway and transport construction staff. There is UAH 4.1 billion of its assets under management.
Public joint stock company OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The Bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard. Its absolute owner is the largest Hungarian Bank OTP Bank Plc.